TATRADER GIZZARD STUDY--Stocks 12.00 or Less..... Message Board

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Strategies & Market Trends : TATRADER GIZZARD STUDY--Stocks 12.00 or Less.....

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To: Rashid Garuba who wrote (28552)	4/1/2002 4:17:40 PM
From: SouthFloridaGuy	Read Replies (2) of 59879

LOL, scalping for pennies is not the way to make money. I don't know how much you own, or whether you have a large core position, but it's the same argument that you agreed with last week. The best will never make more than 5/10 right. You make 20% on the ones you are right on and 10% one the ones you are wrong on and you might as well buy the SnP 500. If you're less than the best, you're treading water. You have to ride the winners and make 40-60%...and continue to cut losses at 10%...then you make money.... Best of luck, still long DROOY and KGC - holding for above 4.50 and 1.80 before I dump trading position.

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